October 11, 2017 / 5:43 AM / a year ago

Eurogroup head Dijsselbloem to leave Dutch politics

AMSTERDAM (Reuters) - Outgoing Dutch Finance Minister and Eurogroup head Jeroen Dijsselbloem will leave national politics when a new government takes office in approximately two weeks, he wrote in a letter on Wednesday.

Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem is seen before his meeting with Greek Finance Minister Euclid Tsakalotos (not pictured) at the Finance ministry in Athens, Greece September 25, 2017. REUTERS/Costas Baltas

Dijsselbloem’s Labour party was heavily defeated in the March 15 election and will not be part of the new government, agreed this week after months of coalition talks.

“I am leaving Dutch politics. It is not easy,” he wrote in a letter published by the party.

“I have reached the conclusion that is this position, this stage, I don’t have the fire power.”

Dijsselbloem did not say what he intends to do when he steps down on Oct. 25 but has already said he will complete his term as head of the Eurogroup of euro zone finance ministers which expires in mid-January.

Reporting by Toby Sterling and Anthony Deutsch; Editing by Catherine Evans

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